Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2009
heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these … face adjustment costs in responding to these variations. Matches
and separations are described through firms' job offer ….
JEL Classification: E24, E32, J63, J64
Keywords: matching, incentives, adjustment costs, unemployment, employment …